Diagonal Call Spread Calculator

Search a symbol to visualize the potential profit and loss for a diagonal call spread option strategy.

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What is a diagonal call spread?

BullishLimited ProfitLimited Loss

A variation of the calendar spread where the long (later expiration) call is further in the money, which changes the shape of the risk profile.

(also known as: Poor Man's Covered Call)
ABProfitLossStock Price (at expiration)
  • Buy a call at strike A (further expiration)
  • Sell a call at strike B